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Ideas For Profit | This auto ancillary stock deserves a place in long-term portfolio

On the back of strong product portfolio, Wabco enjoys a leadership position in its market segments. The stock of Wabco is trading at a valuation of 41.9 times FY23 projected earnings – 10% lower than its long-term average of 46 times. We advise investors to buy the stock in a staggered manner. Here’s why.

first published: Jul 13, 2021 05:21 pm

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